The Latest Breaking News from Economy

Treasurer Jim Chalmers has hosed down speculation of a major upgrade to forecast revenue and warned of "few surprises" on budget night.

The American economy runs on trade. With his tariffs and trade wars, Trump risks stopping the engine of U.S. prosperity.

Nigeria has abundant human and natural resources but remains mired in underdevelopment. There are high levels of poverty, corruption, unemployment and inequality. The country is currently witnessing a rise in ethnic militias and terrorism, adding to the threats posed by armed herdsmen’s deadly clashes with rural communities over land.

US shoppers stepped up their spending a just bit in February after a sharp pullback the previous month, signaling that Americans are shopping more cautiously as concerns about the direction of the economy mount

Trade tensions and geopolitical uncertainties are weighing on economic perspectives, the Organisation for Economic Co-operation and Development said on Monday as it lowered its projections for global growth in 2025.

Communist party aims to ‘promote reasonable wage growth’ and to reduce financial burdens amid Trump tariffs

Exclusive: 90% of Democrats, 57% of Republicans are worried about tariffs, with similar concerns about recession

The UK’s economic forecast has been downgraded, once again dashing the government’s hopes of reviving Britain’s spluttering economy

Economic organisation downgrades forecasts for growth in UK as well as US, Canada and Mexico due to tariffs